The law school bubble expands...

August 7, 2012 Commentators are now describing education debt as a bubble as the total debt for education in the US rises to more than $1 trillion - a greater figure than the total consumer credit card debt.

Law students graduate with an average of $100,000 in debt and have limited prospects for finding jobs with which to repay it, while law schools produce more than twice the number of lawyers as there are law jobs.


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